FAR 4.95% 48.0¢ far limited

Remus - or Ream Us, page-5

  1. 1,380 Posts.
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    According to FAR website voting can be done on-line for the EGM. I presume the necessary material will be emailed to SHs. Baker McKenzie appointed to advise in relation to any formal T/O offer … but that should be straightforward imo … ie is it a higher return compared to selling the WI to WPL?
    But as I’ve said, imo, FAR created a problem for Remus by spilling the beans on what Remus was thinking … because that gave WPL plenty of time to have a counter T/O offer already properly thought out and ready at short notice. That will be the reason, imo, if there is no formal offer from Remus. A T/O is not in managements personal interest. But having said that, I understood that Remus had been looking at two acquisitions one of which was FAR and the other is no longer available. Brent is now 59USD. A circus? More like a train wreck in slow motion imo.
 
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48.0¢
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2 53142 48.0¢
 

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Price($) Vol. No.
49.0¢ 3155 1
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